RE:The Next Phasequantumtrader wrote: How things usually go is the company announces the signing of a Registered Direct Offering once the European patent is granted (should the company already have sufficient protection in the US). Some of the deals we speak of are likely conditional RDO’s set to be signed, which is why management has been hush (if everyone knows a deal involving $10MM at $0.80 is coming once the patent goes through, this would unjustly inflate the SP and erase the premium being paid on the investor’s side).
Great post QuantumTrader , could you elaborate a little more and explain what an RDO is ? TIA
CHEERS